New Destiny Arranges Flow Through Financing

About this update from New Destiny Mining Corp.

New Destiny Arranges Flow Through FinancingVANCOUVER, BC / ACCESSWIRE / November 30, 2020 / New Destiny Mining Corp. (TSXV:NED), (the "Company" or "NED") is pleased to announce that it has arranged a non-brokered private placement of up to 2 million flow through units at a price of Cdn$0.10 per unit for gross proceeds of $200,000. Each Flow-Through Unit consists of one common share that qualifies as a "flow-through share" as defined in subsection 66(15) of the Income Tax Act and one transferable common share purchase warrant. Each whole warrant will entitle the holder to purchase, for a period of 18 months from the date of issue, one additional non-flow-through common share of the Issuer at an exercise price of Cdn$0.15 per share. The proceeds of the private placement will be used for continued exploration work at the Company's Treasure Mountain property.A finder's fee may be paid to eligible finders in accordance to the TSX-V policies. All securities issued pursuant to the offering will be subject to a hold period of four months and one day from the date of closing. The offerings and payment of finders' fees are both subject to approval by the TSX Venture Exchange.ON BEHALF OF THE BOARD OF DIRECTORS"Al Beaton" Director604-488-3900Forward Looking InformationThis news release includes certain statements that constitute "forward-looking information" within the meaning of applicable securities law, including without limitation, the Company's information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as "expects" or "does not expect", "is expected", "anticipates" or "does not anticipate", "plans", "es...

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